Answer:
the correct answer is b. rebate.
good luck
The greatest risk of a low-cost provider strategy is getting lost with overly high price reduction and ending up with lower profit.
<h3>Low-cost / low-price advantage </h3>
It results in high profit only if;
- (1) prices are reduced by less than the size of the cost advantage or
- (2) the added volume is large enough to bring in a bigger total profit despite lower margins per unit sold.
Therefore, the greatest risk is a low profit.
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Answer:
$4,000 under accural method and $12,000 under cash method.
Explanation:
Monthly rent = $1,000
A) In accural method, Mike can only deduct up to 4 months rent. Revenue is to be recognised on accural basis, not on receipt. ==> 4 x $1,000 ==> $4,000
B) In cash method, Mike can deduct 12 months rent when he applies 12 month concept. ==> 12 x $1,000 ==> $12,000
Answer: potentially higher income
newer equipment and facilities
Explanation:
First and foremost, we should note that a feature of a for-profit healthcare facility is that it is owned by the individual and not the government. Private citizens set up hospitals in order to generate profit.
The advantages of working for a for-profit healthcare facility are potentially higher income. This is due to the fact that it's for profit motive, hence, there's possibility of getting a higher income unlike working for the government. Also, newer equipment and facilities can be gotten as well.